The European Bank for Reconstruction and Development is an international organization operating under the Agreement drawn up at Paris on May 29, 1990 and entered into force on March 28, 1991. The EBRD’s objective is to support the economic development in the Central and Eastern European countries, expanding the market economy principles, promoting private and entrepreneurial initiative and applying the principles of multi-party democracy.
The Republic of Moldova has become a member of the European Bank for Reconstruction and Development on May 5, 1992. Currently, the subscribed capital of the Republic of Moldova constitutes of EUR 30.01 million.
The governing body of the EBRD is represented by the Board of Governors, which is formed up of representatives of all member states. The Republic of Moldova's Governor at the EBRD is the Minister of Economy and the Alternate Governor position is held by the First Deputy Governor of the National Bank of Moldova.
The Republic of Moldova is part of the same constituency with Switzerland, Ukraine, Liechtenstein, Turkmenistan, Montenegro, Serbia.
The Republic of Moldova has benefited and continues to benefit from financial support of the EBRD, granted under the various projects undertaken with our country. Most of these projects are directed to the private sector.
The Country Strategy for the Republic of Moldova, approved by the Board of Directors at its meeting of December 14, 2010 sets the EBRD priorities in our country by launching a comprehensive program of economic reforms, due to the recession caused by the global economic crisis. In this context, the strategy provides, inter alia, improving the corporate governance and transparency in the financial sector, broadening the range of financial products and increasing their accessibility.
For further information access the section dedicated to Moldova on the EBRD website